DEPLOYMENT · APAC
Oman Arab Bank completes Visa tokenization rollout after decade-long modernization
Oman Arab Bank and payment solutions firm BPC marked 10 years of partnership by completing a full tokenization of Visa card issuance and acquiring. Replaces legacy magnetic stripe and static card data with dynamic, cryptographically signed tokens.
WHY IT MATTERS
Tokenization reduces fraud surface and enables frictionless e-commerce and digital wallet integration. Regional bank adoption signals momentum toward payment credential modernization across emerging APAC markets.
Source: Finextra · 2026-07-02